Stock Prices

Bitcoin is a hedge against deflation, and not inflation | Comparison between BTCUSD and XAUUSD

The last recession occurred when the US Housing market started collapsing in 2007. The tremors were felt in the financial markets all over the world in 2008. The central banks had to resort to stimulus packages and bailouts by...

Bitcoin sees excellent growth in investments by Hedge Funds, Financial Institutions

The US Federal Reserve came out with a $1.2 trillion relief stimulus to support economic activities during the Coronavirus. Several other countries in the world adopted similar measures of printing money. A sizeable portion of that money found its...

Latest updates: Dow rises more than 300 points, S&P 500 up by 1.54% | Bitcoin crosses $9,800 mark

Wall Street seems to be in a recovery mode from yesterday's losses. The Dow Jones Industrial Average Index is already up by 333 points. S&P 500 looks quite steady and aggressive at 2969.6. Yesterday the Dow crashed more than 300...

Bitcoin loses momentum as Dow Jones rises | BTCUSD might consolidate

Last week witnessed a much-needed rise in Ethereum and Bitcoin prices. ETHUSD increased by 15.64%, whereas BTCUSD increased by 14.54%. Last week was also the time when Wall Street kept declining rapidly. NASDAQ turned negative for the year with...

US Stock markets expected to fall as Steve Mnuchin warns of more rise in the unemployment rate.

The US Treasury Secretary Steven Mnuchin has warned that the unemployment rate may get far worse before the coronavirus crisis is over. He warned that the unemployment rate might reach 25% in the coming time, the numbers not seen...

US President Donald Trump puts trade with China under question after a phone call

In an interview with Fox & Friends, President Donald Trump said that he is having a hard time with China. He further noted that he made a great trade deal months before this whole thing happened. US President has...

Bitcoin rose above $10,000, despite the collapsing economy | Where is the BTCUSD headed?

The Coronavirus pandemic has left more people unemployed than the 2008 Financial crisis, and the Spanish flu combined. Industries have shut down operations. Factories are closed, and workers are forced out of work. Despite all these, in a stark paradox,...

US national debt has increased by $7 trillion in the last five years

The United States national debt has ballooned over 10% in the 2019-20 fiscal year, starting October 1, climbing from $22.7 billion to $25 trillion. According to the data provided by the US Treasury, the national debt is growing at a...

Celsius Network CEO believes Gold could reach $3,000 by year end

Gold prices started to rise after the US Federal Reserve announced unlimited stimulus to revive the US economy. Celsius Network, founder and CEO Alex Mashinsky, said that after the US Federal Reserve's actions, there has been a continuous increase...

Americans who spent stimulus checks on bitcoin are already reaping the rewards

The US citizens who purchased Bitcoin with their coronavirus stimulus checks have already profited to the tune of 35% as bitcoin continues to hover around $9,000 mark. The US government coronavirus stimulus checks arrived in mid-April, many announced their...

Latest News

Open Interest for BTC options is at staggering levels; however, a lot of it might be by the Bitcoin whales

This week saw a spectacular turnaround for both Wall Street and the cryptocurrency king, Bitcoin. The Dow Jones rose...